Coca-Cola Co., the world’s biggest soda maker, is close to an agreement to buy the North American operations of bottler Coca-Cola Enterprises Inc. for about $15 billion including debt, the Wall Street Journal reported on its Web site, citing people familiar with the matter.As near as I can tell, neither good times nor bad are interrupting the trend to multinational organizations. Should we expect agriculture to be different or just slower?
The rest of Coca-Cola Enterprises would remain independent and buy Coke’s bottling businesses in Scandinavia and Germany, the newspaper said.
Ben Deutsch, a Coca-Cola spokesman, and spokespeople for Coca-Cola Enterprises didn’t immediately return calls.
PepsiCo Inc., the second-largest soft-drink maker, agreed in August to take control of its two biggest bottlers for about $7.8 billion, ending a three-month standoff and allowing the soda maker to save money by bundling snacks and drinks. [More]